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major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: house republicans today offered their counter- offer to the president's plan for a deal both sides say is needed to avoid year-end tax increases. the move was the latest volley in an increasingly tense face- off between the two branches of government. >> with 28 days left to come to a deal on the nation's fiscal cliff, the white house is holding firm on its proposal to raise taxes on the wealthy. spokesman jay carney. >> the obstacle remains at this point the refusal to acknowledge by republican leaders that there is no deal that achieves the kind of balance that is necessa
major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you....
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Nov 29, 2012
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. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we're not raising rates. >> brown: despite the president's talk of changing minds, "politico's" manu raju says that privately, house republicans think they can win this fight. >> right now the republican leadership feels pretty confident that they have most of their folks in line. they all generally support keeping tax rates low for virtually for every single income group. they do not want to see incomes increase for that top tax bracket. >> brown: meanwhile, on the senate floor, minority leader mitch mcconnell criticized democrats for putting social security off limits in any deficit deal. >> as for social security, the only thing we hear from why in the world wouldn't they want to talk about the fact that this vital program started spending out more than it took in 2010, for the first time in nearly 30 years and that its trustees now estimat
. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we're not raising rates. >> brown: despite the president's talk of changing minds, "politico's" manu raju says that privately, house republicans think they can win this fight. >> right now the republican leadership feels pretty confident...
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Dec 1, 2012
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it is a product he comes out with is good, if it is fair and just, and moves the countries economy, and starts declining the deficit then it's good. and the process will have worked. if it isn't, then we can revisit the process and say the process was flawed. >> the process getting there is the hard part. we could all in our heads draw up a deal but he has had people over the last couple of weeks, republicans taking risk. boehner took a risk, tom cole took a risk and he undercut them. he made them look stupid with what he did yesterday. they feel furious, they feel burned so you have to help your people along. you have to make it more possible. and so that's why i think you just got to what he offered was not only a balanced deal that would be fine if he offered something balance, he offered something even worse from the republican point of view than what he had offered a couple years ago. so he started with drawing things off the tab and it seemed like chest beats. >> we just went through an election, david. the republicans are the ones who are for medicare kurkts they really are. so w
it is a product he comes out with is good, if it is fair and just, and moves the countries economy, and starts declining the deficit then it's good. and the process will have worked. if it isn't, then we can revisit the process and say the process was flawed. >> the process getting there is the hard part. we could all in our heads draw up a deal but he has had people over the last couple of weeks, republicans taking risk. boehner took a risk, tom cole took a risk and he undercut them. he...
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Nov 30, 2012
11/12
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major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: the battle for control of syria reached ever closer to the capital today. heavy fighting flared near the damascus airport, and online access was cut, as the pressure intensified on president bashar al-assad. we have a report narrated by jonathan rugman of "independent television news." >> reporter: it could be the west's worst nightmare. jubilant jihadist fighters near damascus. this group has captured a helicopter and these islamists are now in the vanguard of syria's rebel army. syrian warplanes and helicopters were filmed attacking the fringes of the capital today. and t
major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you....
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find out what's really happening to the global economy. for a no holds barred look at the global financial headlines two kinds a report. welcome to business europe's largest economy germany has downgraded the south look for economic growth for this other next year with industrial production slowing the bonus bag sees g.d.p. to grow point seven percent rather than the previously forecast one percent two thousand and thirteen growth will be four times slower than anticipated hears. from deutsche bank research two factors are responsible for the slowdown of the german economy the one for factory slowdown of x. product and the other is we can westmont evil ottman the west wonders declining for the last five quarters for the year two thousand and thirteen we expect export contribution of net exports of this negative to g.d.p. but what is the realty stable this consumption due to the good labor market situation and relatively high income growth compared to the previous years so the german economy should grow by slightly more than than the euro a
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines two kinds a report. welcome to business europe's largest economy germany has downgraded the south look for economic growth for this other next year with industrial production slowing the bonus bag sees g.d.p. to grow point seven percent rather than the previously forecast one percent two thousand and thirteen growth will be four times slower than anticipated hears. from deutsche...
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Dec 1, 2012
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economy for about an hour and 45 minutes. next on book tv. [applause] >> thanks to the fashion institute of technology. unquestionably the most in the world today. [applause] in addition to being nobel laureates i would have to say from the vantage point for the economic thinking those would be my finalists. [applause] as you know, we've written a book that pertains to the challenges and circumstance the price of an equality. on behalf of them i thank you for your patronage and. let's start with paul. paul, you talked about and this depression now. a lot of people don't believe we could end this now. but agency deutsch human beings have to take on this challenge? something that is recognizably the same kind of animal. we victimize it is the same technology still there and skills are still there. look back to the 1930's and there are a lot of people making the argument that there were no easy answers and you could quickly get out of this [inaudible] and the 1939 and these are fundamental problems and if we want to make progress to cut unemploy
economy for about an hour and 45 minutes. next on book tv. [applause] >> thanks to the fashion institute of technology. unquestionably the most in the world today. [applause] in addition to being nobel laureates i would have to say from the vantage point for the economic thinking those would be my finalists. [applause] as you know, we've written a book that pertains to the challenges and circumstance the price of an equality. on behalf of them i thank you for your patronage and. let's...
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find out what's really happening to the global economy cars a report on our. police be told language. programs and documentaries in arabic it's all here on. reporting from the world talks about six of the cia people interviews intriguing story to tell you.
find out what's really happening to the global economy cars a report on our. police be told language. programs and documentaries in arabic it's all here on. reporting from the world talks about six of the cia people interviews intriguing story to tell you.
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although economists are saying that the german economy also has a long way to go until it has bottomed out because the export business will be more difficult in the near future because of weak other economies, but consumption in germany is going up. >> let's get a closer look at those market numbers. germany's blue-chip dax was higher on the day by about 0.8%, closing at a nice, round number. the euro stoxx 50 also higher. the dow jones industrial average as high as well. the bureau is trading for $ 1.2973. >> a german bank is in trouble with the law. prosecutors raided 13 of the bank's locations, including its munich headquarters, in search of evidence of tax evasion. the bank is suspected of cheating the state out of 124 million euros. share transactions between 2006 and 2008 are the focus of the probe. the bank is not alone. investigators are currently looking into similar incidents of alleged tax evasion at other institutions. >> there's a lot of money in going bankrupt. that is if you are the one winding up a big company that goes bust. >> a german law firm, for exple, are doing j
although economists are saying that the german economy also has a long way to go until it has bottomed out because the export business will be more difficult in the near future because of weak other economies, but consumption in germany is going up. >> let's get a closer look at those market numbers. germany's blue-chip dax was higher on the day by about 0.8%, closing at a nice, round number. the euro stoxx 50 also higher. the dow jones industrial average as high as well. the bureau is...
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our problem today with the palestinians is not to help them, not to develop their economy, but to deal with corruption in their ministration. we draw our conclusions in this situation as we have today. we will try to compensate all of our losses, especially with our electricity company. we will respect all of our obligations, but it is not our duty to pay every month the mahmoud abbas apparatus. >> you will cut back. >> i am sure iran will pay all of his debts and for all of his problems, no doubt. >> a question from this side of the room which i have ignored. and wonder if he could get the microphone. >> thank you. my name is muhammed. i'm the ambassador of egypt. someone next to me at the table suggested it would be a good idea if i gave my own interpretation of the subjects the honorable minister has expressed. i think that would take a couple of hours. i will make a few remarks, and in the and i will ask a question. >> really heavyweight, all questions. >> first of all, regarding the arab spring, specifically countries like egypt. we do have poverty and disparities in income, and w
our problem today with the palestinians is not to help them, not to develop their economy, but to deal with corruption in their ministration. we draw our conclusions in this situation as we have today. we will try to compensate all of our losses, especially with our electricity company. we will respect all of our obligations, but it is not our duty to pay every month the mahmoud abbas apparatus. >> you will cut back. >> i am sure iran will pay all of his debts and for all of his...
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call an oppressive regime are planning to march on the presidential palace on chews day the market economy is deteriorating as economist laid it out explained to artie's tom barton in cairo. with protests continuing around the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very thailand's an economist here in cairo rather thank you for joining me think first of all tell us briefly. what was really going on in the stock market pull on the show every week i'm hearing most is announcement in the next that the kid issues are still small school shopping isn't even coalesce around the turn first thing down this isn't mutual have and this is love is most of the funny outgoing he comes i am after we are going to kick around fulfilling the billionaire who knows how would you compare egypt's economy now to walsh from. harvard teaches that a commie was somewhat steve leung that move out of the service was thirty five point six x. in food bank now will still down fifteen point five billion dollars and this is
call an oppressive regime are planning to march on the presidential palace on chews day the market economy is deteriorating as economist laid it out explained to artie's tom barton in cairo. with protests continuing around the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very thailand's an economist here in cairo rather thank you for joining me think first of all tell us briefly. what was really going...
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if we raise taxes wickets ithe economy into a tailspin. lou: you know, the choice, as i said, in terms of consequences for the polical or economic lle severe. i want to credit. i don't know if you rad his pie entitled the gop, the party of slightly fewer tax hikes. this has to be a carefully managed, if youwill be the mouthpiece of political choreography becausepublican party right now, the party o free enterise and individual freedom, self-reliance, and lower taxes andsmaller government is on the vergeof giving up it claims on lower taxes, smaller government, and, perhaps, peraps migrated dependency, less iindividual eedom and self-liance. it gives no much for the party to cling to politically. lou:here is the thing. the facts are actually on our side. when bush cut the taxrates i 2003, do you know what happened? more reenue. th percentage of that revenue. >> adelle want to give the full answer t this. we saw the sloest jo ceation. it was on match by the procession of 2008 and nine. this is such a complicated economy, as you know as well
if we raise taxes wickets ithe economy into a tailspin. lou: you know, the choice, as i said, in terms of consequences for the polical or economic lle severe. i want to credit. i don't know if you rad his pie entitled the gop, the party of slightly fewer tax hikes. this has to be a carefully managed, if youwill be the mouthpiece of political choreography becausepublican party right now, the party o free enterise and individual freedom, self-reliance, and lower taxes andsmaller government is on...
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going to take on full on the billionaire how would you compare egypt's economy now to. father steve camile some lots more but it. was sixty five point six at central bank now we know still down fifteen point five billion dollars and this is a huge cut that with his own hand if that's even possible and. it affects investors no one will come to invest anything any here in egypt to do these e's fifty six took. a lot of unemployment to do is to add also six too soon we are going to feel sick she was. just continues to be all usual these you just lose a fit all six do so easy of business with the shop now we are divided into two parts so it isn't quite as a political force in one hand and muslim brotherhood in as one hand whom we all in the thirty six when you read it think you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. russia and turkey will try to shield growing economic and trade ties from a widening rift over the syrian confli
going to take on full on the billionaire how would you compare egypt's economy now to. father steve camile some lots more but it. was sixty five point six at central bank now we know still down fifteen point five billion dollars and this is a huge cut that with his own hand if that's even possible and. it affects investors no one will come to invest anything any here in egypt to do these e's fifty six took. a lot of unemployment to do is to add also six too soon we are going to feel sick she...
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the economy will account for more than one-third of the global gross domestic product. some members are still cautious about the plan. they claim ja nan is not doing enough to remove tariff barriers. others such as france and italy are concerned about the japanese vehicles. in response to these objections the european commission has included the clause in its basic policy that the eu could break off the top any time. that japan is not doing enough to open up its market a year after the talks get started. eu trade commissioner made clear that he will keep a tough stance during negotiations. >> let's not be anxious. europe is not naive. >> reporter: he wants to expand trade in an attempt to overcome the euro zone debt crisis. many members are hopeful about the free trade pact with japan. the talks may face raw growing due to wide differences of opinion. >> that wraps up this for this hour. i'll leave you with a check on market figures. >>> police fired water cannons and tear gas at hundreds of villagers and buddhist monks. the protesters say residents are being forcibly d
the economy will account for more than one-third of the global gross domestic product. some members are still cautious about the plan. they claim ja nan is not doing enough to remove tariff barriers. others such as france and italy are concerned about the japanese vehicles. in response to these objections the european commission has included the clause in its basic policy that the eu could break off the top any time. that japan is not doing enough to open up its market a year after the talks...
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Dec 2, 2012
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it's the economy at heart. according to leading daily only 57% of national taxes paid by catalon is returned. the lest is filtered to spain. the scotts believe that breaking away now would rid them of london's us a tausterity plans. they are careful to calculate the costs and benefits. last year scotts were polled on how they view independence. if independence made them worse off the results flipped. 500 pounds the only about 800 u.s. dollars. adam smith, a scott, if we apply that logic in america states could point out they subsidize states like alabama, mississippi and montana. states that are the most fervent advocate of states rights and small government. we'll take you to one of africa's most trouble ed nation next. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never bee
it's the economy at heart. according to leading daily only 57% of national taxes paid by catalon is returned. the lest is filtered to spain. the scotts believe that breaking away now would rid them of london's us a tausterity plans. they are careful to calculate the costs and benefits. last year scotts were polled on how they view independence. if independence made them worse off the results flipped. 500 pounds the only about 800 u.s. dollars. adam smith, a scott, if we apply that logic in...
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on to be diagnosed it's published three countries to secrete economy gas and austerity prescription from the finance minister with the public being force fed ex hikes and spending. this is coming to live from moscow hello and welcome to the program tongues and all my vehicles have been deployed to the presidential palace in egypt's capital cairo after a night of street battles which cold file an injured hundreds the violence started once thousands of president morsy supporters moved into a crush of setting off his opponents the standoff became the bloodiest says they'll prising things the president began two weeks ago cairo based reporter belcher told me the latest. right now i have to hurry square work the scenes. the have been scuffles on the square here behind me outside the presidential palace i tried reports that the clashes have broken out during the day but basically we've seen very violent scenes overnight my colleague tom barton was there reporting from the scene we're about as close as we cracked to the fighting here in central cairo near the presidential palace a few. muslim b
on to be diagnosed it's published three countries to secrete economy gas and austerity prescription from the finance minister with the public being force fed ex hikes and spending. this is coming to live from moscow hello and welcome to the program tongues and all my vehicles have been deployed to the presidential palace in egypt's capital cairo after a night of street battles which cold file an injured hundreds the violence started once thousands of president morsy supporters moved into a...
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find out what's really happening to the global economy. for a no holds barred look at the global financial headlines to kaiser report. hello and welcome to crossfire computable dealing with an ever thirsty world media is fond of the dramatic term water wars when it comes to describing the future management of global water resources i wonder valued is water today and how dear will it become as countries around the world go dry. and. to talk about what some call the possibility of future water wars i'm joined by tony allen in london he is a professor of geography at the school of oriental and african studies and author of the recent book the middle east water question hydro politics and the global economy also in london we have donnish mustafa he is a reader in politics and environment at king's college london and in washington we cross to michael goodwin and he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in any time one twenty five go
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines to kaiser report. hello and welcome to crossfire computable dealing with an ever thirsty world media is fond of the dramatic term water wars when it comes to describing the future management of global water resources i wonder valued is water today and how dear will it become as countries around the world go dry. and. to talk about what some call the possibility of future water...
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an economy dogged by uncertainty. and disputes with neighbors over territory. voters now face a choice. who will they trust to guide their country forward? join us december 16th for "japan decides." >>> it's been cold in the area where the earthquake hit earlier on in japan. meteorologist robert speta has more on the weather. robert? >>> well, yes, across much of northern japan. let's take a look at this satellite picture because you can see that cloud cover coming in from the northwest towards the southeast. and what this is is that sea effect snow but also pulling in all this cold air, is so on the west coast you're seeing some heavy snow even over towards the east, but also temperatures in and around this region are diving below the freezing mark here through your overnight hours. miyako expected to get down to minus 2 there. some reports out of miyagi prefecture around minus 3, so very chilly across this area if anybody is out and about going through the next several hours and eventually into your saturday. but meanwhile, we also have this snow threat. we h
an economy dogged by uncertainty. and disputes with neighbors over territory. voters now face a choice. who will they trust to guide their country forward? join us december 16th for "japan decides." >>> it's been cold in the area where the earthquake hit earlier on in japan. meteorologist robert speta has more on the weather. robert? >>> well, yes, across much of northern japan. let's take a look at this satellite picture because you can see that cloud cover coming...
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morsi the country's economy is facing increasing troubles with me to discuss this is very the time lapse an economist here in cairo had to thank you for joining me thank you first of all tell us briefly what was really going on when the stock market pull on just over a week on hearing most announcement in the next decade the shins are still small school shopping days it even coalesce around the turn first thing down this isn't mutual we have and this is love is most of the fun we are going to take home so i am after we are going to take on full point the billionaire goes how would you compare egypt's economy now walsh on the path at mubarak's speech is that a final meal somewhat the feeling that mubarak is service was thirty five one seats at central bank now will store down fifteen zero point five billion dollars and this is a huge cut at that would deserve and in fact the impulse i'm told it's efexor investors no one will come to invest anything any here in egypt to do these he is fully aphoristic six to. a large unemployment thing to do is to add the us also said to soon we are going
morsi the country's economy is facing increasing troubles with me to discuss this is very the time lapse an economist here in cairo had to thank you for joining me thank you first of all tell us briefly what was really going on when the stock market pull on just over a week on hearing most announcement in the next decade the shins are still small school shopping days it even coalesce around the turn first thing down this isn't mutual we have and this is love is most of the fun we are going to...
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find out what's really happening to the global economy. for a no holds barred. max kaiser welcome to the kaiser report people of the united kingdom listen to me i've seen your future and your future is scum villages and royal babies that the newspapers say will look like this yes i may have the eyes of a cold hearted lizard but so does your future eating the mud pies of austerity and let's not be coy i think the best name for this baby will be snooki. standing. yes maxwell of course this is the big budget day in the united kingdom and it's of course celebrating everywhere you look you cannot escape every single paper for the don and will and kate it's never ending but with this austerity budget and with the celebration all the newspapers are talking about like the baby is going to cost two million dollars a year the first year for clothes just for clothes and yet any of the mothers in england are being told or the united kingdom are being told we're going to slash your benefits we're going to make sure you're not you know feeding your children too much no no no
find out what's really happening to the global economy. for a no holds barred. max kaiser welcome to the kaiser report people of the united kingdom listen to me i've seen your future and your future is scum villages and royal babies that the newspapers say will look like this yes i may have the eyes of a cold hearted lizard but so does your future eating the mud pies of austerity and let's not be coy i think the best name for this baby will be snooki. standing. yes maxwell of course this is the...
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find out what's really happening to the global economy with my stronger for a no holds barred look at the global financial headlines tune into cars a report on our. cash from qatar has been flowing into france for some time now the latest being a huge tie up to pump vital funds into struggling small business but the gulf states generosity is now being met with increasing high level suspicion next year ships explains. france is already no stranger to qatari dollars fans of parisian football club present your man cannot believe their luck ever since middle east and shakes invested into the team they've bought world class players and hired a top coach now this small business owner hopes he can also have a slice of the pie due to economic crisis financing from governments are. too big to be obtained talking about cuts or we are talking about business we don't have any finance so we have a financing of financial. we can go and that may soon happen nicolas sarkozy's administration cemented ties with doha placing a military base in the gulf state and signing an investment deal now qatar is t
find out what's really happening to the global economy with my stronger for a no holds barred look at the global financial headlines tune into cars a report on our. cash from qatar has been flowing into france for some time now the latest being a huge tie up to pump vital funds into struggling small business but the gulf states generosity is now being met with increasing high level suspicion next year ships explains. france is already no stranger to qatari dollars fans of parisian football club...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines to cause a report. called recount in germany over why she signed off on seven hundred thirty million euros where the concessions for greece a hefty bill that would be footed by german taxpayers. the opposition members of the social democrat party have merkel and her center right coalition that's the bundestag is not merely a rubber stamping service and if they want to push through this latest package they're going to have to prove to m.p.'s that it's in the best interest of germany what this latest package contains is a bond buyback scheme low interest rates only the debts that greece has as well as the hunting over of profit from these debts what this century means though is that for twenty thirteen germany is set to lose around seven hundred and thirty million euros to implementing these latest measures all of that of course not making great reading for chancellor merkel she said time and time again that the german taxpayer would not be hit financia
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines to cause a report. called recount in germany over why she signed off on seven hundred thirty million euros where the concessions for greece a hefty bill that would be footed by german taxpayers. the opposition members of the social democrat party have merkel and her center right coalition that's the bundestag is not merely a rubber stamping service and if they...
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economy is going to shrink by not point one percent in five years twenty twelve now it sounds like a small amount but of course no sign of all importing growth in fact what we're seeing is that borrowing has gone up we think that the debt has risen and fallen and most crucially i think it's probably the fact that the government had no reduction target so we're now facing an extended austerity program is going to say it's right away three to twenty eightieth's a pretty gloomy outlook and this is what we were expecting a bit of course but going to really not be what millions of families all across the are going to want to hear and of course this is really going to bring in real terms . among the demonstrators there was kate hudson from the mt cuts coalition of resistance who feels it's the multibillion pound nuclear weapons program that should be getting the axe. britain spending on nuclear weapons this is not the fundamental issue it's something that the vast majority of the population is a great currently we are spending three billion pounds a year just on maintaining existing system
economy is going to shrink by not point one percent in five years twenty twelve now it sounds like a small amount but of course no sign of all importing growth in fact what we're seeing is that borrowing has gone up we think that the debt has risen and fallen and most crucially i think it's probably the fact that the government had no reduction target so we're now facing an extended austerity program is going to say it's right away three to twenty eightieth's a pretty gloomy outlook and this is...
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to a consumption economy. they need to free up some sectors, stop subsidizing state owned banks and national champions, they need to do political reform. but what do they think they need to do? >> if you talk to people on the street in beijing these days where i love, what you hear from people over and over again is fundamentally the same thing. they want their expectations of this government to be fulfilled. they want to know fundamentally that this government has the best interest of the people at heart. over the last ten years what they've seen is their own income, family income, has not kept up with the enormous pace of the growth of the economy. they feel ultimately they're not winning out. what the government has to do is figure out a way to reassure people that they are in fact the number one priority. you've heard this over and over again in the first language from this new president. when he gave the first speech he put aside some of the old language about socialism and chinese characteristics and a h
to a consumption economy. they need to free up some sectors, stop subsidizing state owned banks and national champions, they need to do political reform. but what do they think they need to do? >> if you talk to people on the street in beijing these days where i love, what you hear from people over and over again is fundamentally the same thing. they want their expectations of this government to be fulfilled. they want to know fundamentally that this government has the best interest of...
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oppressive regime are planning to march on the presidential palace and choose day meanwhile egypt's economy is deteriorating as economist explained to r.t. tom barton in cairo. with protests continuing around the clock both for and against a gyptian president mohamed morsi the country sick. komi is facing increasing troubles with me to discuss this is very the time lapse an economist here in congress had a thank you for joining me think first of all tell us briefly what was really going on when the stock market pull on which to over a week on hearing most is announcement in the next decade the shins are still small school shopping days it even coalesce around the turn first thing down this isn't mutual have and this is the last is most of the funny outgoing he comes i am after we are going to take on food for the billionaire how would you compare egypt's economy now to walsh from the. father stages that a company was somewhat steve leung that mubarak. was sixty five on six at sinful bank now we'll still down fifteen point five billion dollars and this is a huge cut that with his own hand in
oppressive regime are planning to march on the presidential palace and choose day meanwhile egypt's economy is deteriorating as economist explained to r.t. tom barton in cairo. with protests continuing around the clock both for and against a gyptian president mohamed morsi the country sick. komi is facing increasing troubles with me to discuss this is very the time lapse an economist here in congress had a thank you for joining me think first of all tell us briefly what was really going on when...
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of the diagnosis for britain the country simply economy gets an austerity prescription from the finance minister with the public being force fed ex hikes and spending. international news and comment live from moscow this is all she was me thanks for trying to get egypt's capital cairo has seen some of the bloodiest battle since they are prizing against president morsi began two weeks ago at least four people have been killed and more than three hundred fifty injured as most supporters clashed with his opponents outside the presidential palace and day i spoke to cairo based reporter about truth who says pointing in the direction capital is still going. right now the presidential palace i just had reports that the caches have broken out again the police are possibly that firing tear gas in an attempt to separate the two groups but basically we've seen very violent scenes overnight my colleague tom barton who's that reporting from the scene we're about as close as we can get to the fighting here in central cairo near the presidential palace a huge mess as muslim brotherhood supporters up t
of the diagnosis for britain the country simply economy gets an austerity prescription from the finance minister with the public being force fed ex hikes and spending. international news and comment live from moscow this is all she was me thanks for trying to get egypt's capital cairo has seen some of the bloodiest battle since they are prizing against president morsi began two weeks ago at least four people have been killed and more than three hundred fifty injured as most supporters clashed...
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meanwhile egypt's economy is deteriorating as economists feed it explains to tom barton in congress. with protests continuing a round the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very time lapse an economist here in cairo that is thank you for joining me think first of all tell us briefly what was really going on when the stock market pull on which to over a week on hearing mosts announcement in the next week to the shins us the small school shopping days it even coalesce around to turn this thing down this isn't mutual have and this is loss is most of the funny outgoing he comes i am after we are going to take on full find the billionaire how would you compare egypt's economy now to walsh from the. father the economy was somewhat the boom that mubarak deserved this was sixty five for instance at central bank now will still down fifteen point five billion dollars and this is a huge cut that would result and it affects the impulse on the top it affects investors no one will come to inves
meanwhile egypt's economy is deteriorating as economists feed it explains to tom barton in congress. with protests continuing a round the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very time lapse an economist here in cairo that is thank you for joining me think first of all tell us briefly what was really going on when the stock market pull on which to over a week on hearing mosts announcement in...
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we're not bringing the pieces together to bring the economy back where it should be. it's hard to watch the slow motion grind not discussing the issues. what about the discussion of the cap that has been etched into stone, and i'm not sure why. >> i think because there has been so much of a focus on letting the bush tax cuts expire for the top two percent and the discussions got narrowed to that. it has left us in the trillion dollar area as opposed to looking at real corporate tax reform and other ways that revenue can be generated. it looked like congressman defazio was paining a picture of how we can confront that early next year. >> eliot: he's one of our favorites. i don't think he speaks yet unfortunately for the mainstream, i wish he did. >> right. >> eliot: i don't think he does, but i think it's interesting when you hear what eric cantor says and even john boehner. they still will not discuss raising rates. they're willing to go there the charade of loophole closing and this and that, but none of which gets us where we need to be. >> right. it is amazeing to
we're not bringing the pieces together to bring the economy back where it should be. it's hard to watch the slow motion grind not discussing the issues. what about the discussion of the cap that has been etched into stone, and i'm not sure why. >> i think because there has been so much of a focus on letting the bush tax cuts expire for the top two percent and the discussions got narrowed to that. it has left us in the trillion dollar area as opposed to looking at real corporate tax reform...
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Dec 7, 2012
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this thursday also brought along very positive data from the german economy. the german manufacturing sector posted a significant increase of factory orders in october. something which gives hope for the industrial production in the months to come, and it also gives hope that the situation on the german labor market at least remains stable. >> let's take a quick look at some market numbers. the dax ended the day over 1% up at 7534. euro stoxx 50 close almost 0.5% up. across the atlantic, the dow jones is currently going up just a tad -- 13,043, the number there. the euro is trading for $1.2955. a legendary brazilian architect has died. he is best known as the father of brasilia, the modernist capital city erected in the amazon jungle. >> his future is to creations of concrete and steel won him international acclaim. he continue to work up until his death. he passed away at his home in rio de janeiro at the age of 104. >> he was a star of architectural modernism, best known for designing the new capital city of his homeland. he constructed the city of brasilia
this thursday also brought along very positive data from the german economy. the german manufacturing sector posted a significant increase of factory orders in october. something which gives hope for the industrial production in the months to come, and it also gives hope that the situation on the german labor market at least remains stable. >> let's take a quick look at some market numbers. the dax ended the day over 1% up at 7534. euro stoxx 50 close almost 0.5% up. across the atlantic,...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report on our. or. her. clone welcome back you're watching r.t. live from moscow to fans team for a u.s. soldier bradley manning has accused of releasing secret army files to wiki leaks claims he was abused in detention at turning cabin zs believes manning started paying for his alleged crimes long before the trial for nine months he was held at a marine base in quantico which i mention remey because manning is in the army so i was already strained at this marine brig he was held in solitary confinement on a very restricted schedule he was not allowed to do exercise in his cell he was not allowed to lie down in his cell all day today where the sit up without lean back against the wall all day he got out one hour a day for exercise and so it was a very restrictive environment for no good reason at all the military says is that protect him and the bradley manning feels like that in his in his lawyer here that this was punishment for fou
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report on our. or. her. clone welcome back you're watching r.t. live from moscow to fans team for a u.s. soldier bradley manning has accused of releasing secret army files to wiki leaks claims he was abused in detention at turning cabin zs believes manning started paying for his alleged crimes long before the trial for nine months he was held at...
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minister has defended the package, saying that a greek bankruptcy would be a major blow to the world economy. >> rescuing greece has been a main priority for the government, the citizens want to know -- what will it cost? >> an overwhelming majority bank of the measures, although the opposition left party voted no. there is still a sense of unease among lawmakers about the cost to taxpayers. the finance minister sought to calm the doubts. >> we are pursuing a policy that restructure's degree budget and economy with as few costs and risks as possible for both germany and your -- europe. it is our goal and must remain our goal that greece at some point must shoulder its debts on its own and that the markets accept greece as a creditor. >> athens still has a long way to go before that happens. german lawmakers acknowledge the sacrifices greeks have already made and understand the ongoing protests. the necessary measures are hitting a lot of people hard. the new bailout package is worth 44 billion euros. germany will bear 730 million of that in the coming year. the opposition accuses the governm
minister has defended the package, saying that a greek bankruptcy would be a major blow to the world economy. >> rescuing greece has been a main priority for the government, the citizens want to know -- what will it cost? >> an overwhelming majority bank of the measures, although the opposition left party voted no. there is still a sense of unease among lawmakers about the cost to taxpayers. the finance minister sought to calm the doubts. >> we are pursuing a policy that...
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how would you compare egypt's economy now. i've not bothered that they follow me with some lots they blew that move but it. was thirty five on six at simple bank now we'll still own fifteen point five million dollars and this is a huge car i thought would deserve and be back to the impulse i'm told it affects investors no one will come to invest anything in here in egypt to do usually is the first and second took. on a lot of the unemployment figures out today is two of us also sick too soon we are going to feel sick she will. feel just continues to be a little bit easier this will affect all six do so of egypt business with the shop our feet now we are divided into two parts so it is a quiz a political force in one hand and muslim those within hours of hands whom we all in the body if the six was gratifying to you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. getting a britain's unemp
how would you compare egypt's economy now. i've not bothered that they follow me with some lots they blew that move but it. was thirty five on six at simple bank now we'll still own fifteen point five million dollars and this is a huge car i thought would deserve and be back to the impulse i'm told it affects investors no one will come to invest anything in here in egypt to do usually is the first and second took. on a lot of the unemployment figures out today is two of us also sick too soon we...
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the gloomy diagnosis for britain the country's still sickly economy gets an austerity prescription from the finance minister with a public sources battle tax hikes and spending cuts. international news live for most go this is all she was me you know our thanks for joining us first time and all made vehicles have been deployed to the presidential palace in egypt's capital cairo after a night of street battles which killed five and injured hundreds the violence started one of thousands of president morsy supporters moved in to crush this city and his opponents they stung became the bloodiest since the uprising the president began two weeks ago out of cairo based reporter troop told me the latest. right now i'm off to her square work the scenes. that have been scuffles on the square here in tahrir behind me outside the presidential palace i type reports that the caches have broken out during the day but basically we've seen very violent scenes overnight my colleague tom barton who is that reporting from the scene we're about as close as we can get to the fighting here in central cairo nea
the gloomy diagnosis for britain the country's still sickly economy gets an austerity prescription from the finance minister with a public sources battle tax hikes and spending cuts. international news live for most go this is all she was me you know our thanks for joining us first time and all made vehicles have been deployed to the presidential palace in egypt's capital cairo after a night of street battles which killed five and injured hundreds the violence started one of thousands of...
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how would you compare egypt's economy now. at the bottom of the economy with some lots more but at least thirty five thousand feet that sinful bank now we know still down fifteen point five billion dollars and this is a huge part of what is known and the back seat impulse and. it affects investors no one will come to invest anything in here in egypt to do usually is. secure. a loan to unemployment is going to add also sick too soon we are going to feel sick she was. killed this continues to be only egypt this will affect all safe to say egypt and business will be shut off now we are divided. so it isn't quite as a political force in one hand and muslim brotherhood in as of hand. thirty six really gratifying to you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. and they're well of intentions as turkey is scrambling fighter jets to its border of the syrian warplanes bombed rebel positions
how would you compare egypt's economy now. at the bottom of the economy with some lots more but at least thirty five thousand feet that sinful bank now we know still down fifteen point five billion dollars and this is a huge part of what is known and the back seat impulse and. it affects investors no one will come to invest anything in here in egypt to do usually is. secure. a loan to unemployment is going to add also sick too soon we are going to feel sick she was. killed this continues to be...
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starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers do.
starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers do.
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at the bottom of the economy with some much steve leung that mubarak. was sixty five feet at central bank now we know still down fifteen point five billion dollars and this is a huge i thought well deserved and in fact the impulse and this is the first investor. no one will come to invest anything any here in egypt due to these he is the first of six took. on a loan to unemployment food to do is to add the us only also six to sunni odd and if you could see it you would. build this continues to be all over egypt this would affect also if jews of egypt business would be shocked at our feet now we are divided between two parts that is a pole is a political force in one hand and muslim who'd been us all hands whom we all in the body of the six was better thank you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. they're now getting at britain's unemployed into jobs it's proving to be a costly failure only three quarter
at the bottom of the economy with some much steve leung that mubarak. was sixty five feet at central bank now we know still down fifteen point five billion dollars and this is a huge i thought well deserved and in fact the impulse and this is the first investor. no one will come to invest anything any here in egypt due to these he is the first of six took. on a loan to unemployment food to do is to add the us only also six to sunni odd and if you could see it you would. build this continues to...
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Dec 4, 2012
12/12
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that was a huge mistake the financialization of our economy. that's what led to the cataclysm in 2008. perhaps more important, the point you made, you're right there are a lot of people who are trying to create the fear, the cassandras that i referred to the top of the show who are behind that argument who say now you must do what we want. they want corporate tax cut. am i right? they're sliding something in there that is not directly related to the issue that we're supposed to be directing. >> everyone is doing that. doing the negotiation with the union or any other negotiation you start off with what speaker boehner is calling your la la land proposal. you start off with what you want, and then you work from there. both sides have staked out their dream position, and that's not where we're going to wind up, but that's where you starter and it's kabuki theater, as you said. >> eliot: the components that may not be a cliff or a slope the see questions trace that kicks in, that will have a slow impact. it's not like the defense department will s
that was a huge mistake the financialization of our economy. that's what led to the cataclysm in 2008. perhaps more important, the point you made, you're right there are a lot of people who are trying to create the fear, the cassandras that i referred to the top of the show who are behind that argument who say now you must do what we want. they want corporate tax cut. am i right? they're sliding something in there that is not directly related to the issue that we're supposed to be directing....
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into a report. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm trying hard welcome is a big issue. here watching all see life from all schools good to have you with us all stars he seems to be the future for britain at least for the government's extends its massive cuts program for five more years and to find finance minister waved away immediate protest saying talks hikes would help heal the country's ailing economy also has more now on london's proposed kewl. well everyone now madly picking their way through the facts and figures and wow was there a lot of. one thing that was very very clear and that's that the u.k. is set to face even more austerity no what those figures showed us was that the u.k. economy is going to shrink by not point one percent five hundred twenty twel
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into a report. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm trying hard welcome is a big issue. here watching all see life from all schools good to have you with us all stars he seems...
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economy still muddling along since the two thousand and eight crisis with the low level of i.p.o. volume since the dot com bubble burst low business investment low were record budget deficits from the government and high unemployment do we actually need a bubble not a case i would make but a very smart gentleman is here to tell us why they can sometimes be good joining me from our new york studio is dr william janeway he's senior advisor for warburg pincus technology and author of the book doing capitalism in the innovation economy markets speculation and the state first thank you so much for being on the show. very good to be here we're going to have you because you have said and i would definitely agree that bubbles have received bad press whether we're talking about the two live bubble in the sixteen hundreds or whether we're talking about the real estate bubble ahead of two thousand and eight but in some instances you say bubbles can be good why can bubbles be good and what kind of a bubble would we need or might we need now well the first thing as you've said is the bubbles o
economy still muddling along since the two thousand and eight crisis with the low level of i.p.o. volume since the dot com bubble burst low business investment low were record budget deficits from the government and high unemployment do we actually need a bubble not a case i would make but a very smart gentleman is here to tell us why they can sometimes be good joining me from our new york studio is dr william janeway he's senior advisor for warburg pincus technology and author of the book...
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hurt the economy more than necessary and. the last thing that you should do in times of economic weakness is to comic spending at such a fast rate because when consumers aren't spending because that. column when business is the hoarding cash it's actually the government that has that has to spend to get growth going and if you don't have growth then you weren't reduce your definitely doing that george five billion pounds on building projects been in the. planning to spend billions on infrastructure projects including road rail and cheap expansion that's what he's doing isn't it creating growth that yes i thought that was welcome but five billion it's pretty small bear i'm afraid the government. has not really come out with i would say the growth strategy that's that's needed and i think that the institute for fiscal studies has estimated that that five billion will increase. maybe buy point two percent say yeah so this states one person's already suffered a double dip recession i'm afraid much more is required to get the kind
hurt the economy more than necessary and. the last thing that you should do in times of economic weakness is to comic spending at such a fast rate because when consumers aren't spending because that. column when business is the hoarding cash it's actually the government that has that has to spend to get growth going and if you don't have growth then you weren't reduce your definitely doing that george five billion pounds on building projects been in the. planning to spend billions on...
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markets why not canada find out what's really happening to the global economy with max conjure for a no holds barred look at the global financial headlines tune in to kaiser report on our. more international stories for you now a miserable failure that's how the opposition described the british government's program to reduce unemployment to five billion pound planning that encouraging private firms to take up the long term jobless out to around just three percent of those who signed up for it want to surf earth reports. for months now twenty five year old jay paxton's been keeping a video diary about his experiences on the government's work programme. to work programs the government's flagship scheme that pays private sector organizations to place people in work and they called it a revolution in welfare the first figures released since its launch revealed a resoundingly failure something that hasn't surprised slightest. going keep his appointment now it seems pretty tightly regimented we've watched people running in all morning to keep that appointment g.'s been coming to this job c
markets why not canada find out what's really happening to the global economy with max conjure for a no holds barred look at the global financial headlines tune in to kaiser report on our. more international stories for you now a miserable failure that's how the opposition described the british government's program to reduce unemployment to five billion pound planning that encouraging private firms to take up the long term jobless out to around just three percent of those who signed up for it...
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find out what's really happening to the global economy with much stronger no holds barred look at the global financial headlines. as a report on. the jets opposition group has left their demands on president morsi after a night of clashes reportedly forced him to sneak out of the back door of his own presidential palace. in the u.k. a drive to build i could give the government absence to people the internet activity sponsored privacy concerns with the home secretary labeling everyone opposed to it as terrorists and paedophiles. and israel seriously rebuff the un calls to reveal the truth about its nuclear program fusing to acknowledge it has atomic weapons all provide proof it doesn't. it's three pm here in moscow you love with us on our t. get she have you with us this afternoon opposition groups in egypt have issued a set of demands to the country's president mohamed morsi aimed at scrapping his latest political drives this fall as a few stand off outside the presidential palace in cairo which reportedly falls a gyptian leader to feed the building locally based on reports has more.
find out what's really happening to the global economy with much stronger no holds barred look at the global financial headlines. as a report on. the jets opposition group has left their demands on president morsi after a night of clashes reportedly forced him to sneak out of the back door of his own presidential palace. in the u.k. a drive to build i could give the government absence to people the internet activity sponsored privacy concerns with the home secretary labeling everyone opposed to...
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economy still muddling along since the two thousand and eight crisis with the low level of i.p.o. volume since the dot com bubble burst low business investment low were record budget deficits from the government and high unemployment do we actually need a bubble not a case i would make but a very smart gentlemen is here to tell us why they can sometimes be good joining me from our new york studio is dr william janeway he's senior advisor for warburg pincus technology and author of the book doing capitalism in the innovation economy markets speculation and this dave thank you so much for being on the show very good to be here we're going to have you because you have said and i would definitely agree that bubbles have received bad press whether we're talking about the two live bubble in the sixteen hundreds or whether we're talking about the real estate bubble ahead of two thousand and eight but in some instances you say bubbles can be good why can bubbles be good and what kind of a bubble would we need or might we need now. well the first thing as you've said is that bubbles are bo
economy still muddling along since the two thousand and eight crisis with the low level of i.p.o. volume since the dot com bubble burst low business investment low were record budget deficits from the government and high unemployment do we actually need a bubble not a case i would make but a very smart gentlemen is here to tell us why they can sometimes be good joining me from our new york studio is dr william janeway he's senior advisor for warburg pincus technology and author of the book...
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lou: great news on the economy, will higher taxes screw it up? two of the best economic thinkers join us, deutsche bank senior u.s. correspondents will be here joining us next. detroit on the edge of bankruptcy as city councilwoman with a rather direct, plain spoken solution saying it's simple. the city voted for obama. now obama must bail out mo-town, next. want to try to crack it? yeah, that's the way to do it! n we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medica plan... your effortresult in
lou: great news on the economy, will higher taxes screw it up? two of the best economic thinkers join us, deutsche bank senior u.s. correspondents will be here joining us next. detroit on the edge of bankruptcy as city councilwoman with a rather direct, plain spoken solution saying it's simple. the city voted for obama. now obama must bail out mo-town, next. want to try to crack it? yeah, that's the way to do it! n we need a little bit more... [ male announcer ] at humana, we understand the...
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the largest transaction in europe and the sector economy here. and we've touched upon him in a tearing issue is the practical work of the. public forum is about to start tearing questions include. and science i talked about the nuclear project i'd like you to know is that over one hundred students from turkey are studying in the corresponding jobs in russia. actually of this project is implemented and it is happening we're going to the plan that is going to happening so far then turkey will build a new competence level high technology competence level and i'm turris and of course mr prime minister has are just spoken about it's three point. russian tourists per year and this year will be even more terrorists which is a sign of trust to word the turkish republic towards the turkish authorities and a sign of stimulating your country. which is called voting by feet in the us meaning of this word russian turkey our neighboring countries we have a lot in common but sometimes we have dramatic pages of our history very important that we respect our lega
the largest transaction in europe and the sector economy here. and we've touched upon him in a tearing issue is the practical work of the. public forum is about to start tearing questions include. and science i talked about the nuclear project i'd like you to know is that over one hundred students from turkey are studying in the corresponding jobs in russia. actually of this project is implemented and it is happening we're going to the plan that is going to happening so far then turkey will...